Restaurant Brands International (QSR) Operating Leases (2013 - 2026)
Restaurant Brands International (QSR) reported Operating Leases of $1.9 billion for Q1 2026, up 7.46% year-over-year from $1.8 billion in Q1 2025, and up 0.84% quarter-over-quarter from $1.9 billion in Q4 2025.
Restaurant Brands International (QSR) Operating Leases (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has 14 years of Operating Leases data on file, last reported at $1.9 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $1.9 billion, up 7.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 7.46% YoY), and the FY2025 annual result was $1.9 billion, up 7.34% from the prior year.
- Operating Leases climbed to $1.9 billion in Q1 2026 per QSR's latest filing, from $1.9 billion in the prior quarter.
- Over five years, Operating Leases peaked at $1.9 billion in Q1 2026 and troughed at $1.0 billion in Q3 2022.
- A 5-year average of $1.4 billion and a median of $1.1 billion in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2024: Operating Leases retreated 5.12% in 2023, then soared 76.97% in 2024.
- A 5-year view of Operating Leases shows it stood at $1.0 billion in 2022, then rose by 3.12% to $1.1 billion in 2023, then jumped by 67.14% to $1.8 billion in 2024, then gained by 7.34% to $1.9 billion in 2025, then advanced by 0.84% to $1.9 billion in 2026.
- Business Quant data shows QSR's Operating Leases at $1.9 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.90 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.78 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Jun 30, 2021 | 1.08 Bn |